Posted by AlfI3 > 2019-01-02 19:35 | Report Abuse

Ya, suddenly no volume, i thing dey need to wait for some news to add in additional momentum, otherwise, timing ody good during d window dressing season. Juz c wat had happened to hubline, it did very well during d past week, hence those whom had collected aweek prior to year ending miking lucrative profit n hav a handsome new year openning

Posted by AlfI3 > 2019-01-02 19:36 | Report Abuse

Currently, dey juz hold on at 0.06, will hav to push over 0.065 soon after d news released

Posted by Sk9864 > 2019-01-04 12:56 | Report Abuse

Pworth ..... dont shy shy cat laa

Posted by junetan20 > 2019-01-04 16:06 | Report Abuse

i sold some on 0.06

Posted by jgykls > 2019-01-06 13:47 | Report Abuse

June .. why sell? ☺

Posted by Salsabila > 2019-01-07 10:32 | Report Abuse

RSI 55.6.... ok
Bolinger Band 20.2... ok

Posted by AlfI3 > 2019-01-09 06:38 | Report Abuse

Hi Salsa, wat does RSI & Bolinger Band means ya?

Posted by AlfI3 > 2019-01-09 06:41 | Report Abuse

It looks like d same grp ppl in HUBLINE playing this stock, when it takes a breath, likely dey will come to PWI soon. So b readied guys

Posted by Derrick4896 > 2019-01-15 09:14 | Report Abuse

Pworth Habis lah, price down again...

Posted by Nicholasming91 > 2019-01-15 14:34 | Report Abuse

Nice bleed kau kau

Posted by Eggtart_king > 2019-01-15 14:44 | Report Abuse

What happen, any insider news?

Posted by moneykj > 2019-01-15 20:26 | Report Abuse

Why I look here look there Orion very similar to 1 stock king "I" in 2014:

1. No of share: both also about 600m
2. Start to goreng from 0.105
3. Both start after announcement of government link project. Both fintech. "I" doing GST collection software for government.
4. Cumulative 4 q earning after start goreng was 30m for "I". Cimb estimated Orion can come to highest 29m for 2019.
5. Both also start from weak results. "I" only 421k. Orion 1m.
6. Both also got pp.

One famous anei behind the rise of "I". I believe he also behind Orion.

"I" rose more than 1500%. How will Orion?

http://www.klsescreener.com/v2/news/view/479028

https://www.freemalaysiatoday.com/category/nation/2019/01/12/minister-urges-angkasa-to-expand-to-achieve-growth-plan-for-co-ops/

Posted by AlfI3 > 2019-01-16 10:04 | Report Abuse

Orion weblink cud b accessible but y not PWI???

Posted by Sk9864 > 2019-01-17 13:48 | Report Abuse

Sayonara pworth!

Posted by CyrusQ > 2019-01-17 15:21 | Report Abuse

Sayonara pworth ? Means ?

Posted by Derrick4896 > 2019-01-18 13:23 | Report Abuse

4.5sen... Is time to collect..

Posted by commonsense > 2019-01-18 16:01 | Report Abuse

Hi Cyrus,

The company’s 1Q19 result was highly affected by the cessation of logging operation of its FMU 5 area in Sabah. As of early January 19, there was still no news on whether the cessation order was lifted or not. For October and November there were zero log production (refer to the monthly timber production report) which means that 2Q19 result would most probably show a loss to the company. Until the cessation order is lifted, investors need to be prepared for the company to post continuous losses.

At first glance it seems that the company has a very solid balance sheet with equity to shareholder of RM428mil. However, after further verification, the company might face a liquidity issue with cash balance of only RM4.4mil and total debt of RM 38.1mil of which RM22.4mil is due in 12 months. If the cessation period is not lifted soon, the company might need to go back to the capital market to raised cash (most probably via right issue again). They have just completed a right issue that raised RM108mil back in Aug 2018 of which most of the money were used to pay off their debt.

If you are looking to diversify your portfolio outside of Priceworth (due to its earnings uncertainties and liquidity issues) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. I am projecting a profit to shareholder of RM160 mil for FY19 which at the current price values MBMR at only 6.2x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.

Posted by 5c0160 > 2019-01-20 19:37 | Report Abuse

pwi game over. No hope better run faster.

Posted by AlfI3 > 2019-01-25 07:00 | Report Abuse

Juz w/in 3 mths, it caused so big diffrent. This is really a typical politically linked hopeless penny stock

Posted by CHWong > 2019-01-30 23:05 | Report Abuse

i will byy at 3 sen..... on the way downward

Posted by mkmk > 2019-01-31 20:49 | Report Abuse

Where is haLIE? Aseng? When is pwi up to 10 sen oh?

Posted by AlfI3 > 2019-02-01 04:01 | Report Abuse

Ha ha, it was ony d dream talk. 10 sen will nvr appeared in near term n future too. Forget abt this ctr

Posted by AlfI3 > 2019-02-01 04:04 | Report Abuse

Wat a shameful ctr led by RHB's reknown director...! All these big short's name being used to misled the public

Posted by AlfI3 > 2019-02-01 04:05 | Report Abuse

Got to tik vacation in holland again, wat a disappoinmn

Posted by azta12 > 2019-02-11 11:58 | Report Abuse

collect some.. and keep

Posted by junetan20 > 2019-02-11 12:12 | Report Abuse

today break 0.05.....

Posted by CyrusQ > 2019-02-11 14:30 | Report Abuse

What’s the outcome of this counter?

Posted by azta12 > 2019-02-11 15:51 | Report Abuse

keep the momentum going.

Posted by Stockhunter85 > 2019-02-12 21:31 | Report Abuse

i heard the logging activity already resume .... Anyone from sabah sandakan ? can help to clarify about this?

Posted by jeffng570 > 2019-02-13 10:21 | Report Abuse

fake news

Posted by jeffng570 > 2019-02-13 10:21 | Report Abuse

the counter is going to holland

Posted by CHWong > 2019-02-22 14:16 | Report Abuse

wait and see

Posted by Sk9864 > 2019-02-13 18:32 | Report Abuse

Ask shafie... no license no kayu

Posted by 5c0160 > 2019-02-13 19:31 | Report Abuse

No hope counter.

Posted by AlfI3 > 2019-02-21 12:10 | Report Abuse

Why suddenly momentum dropped whilst in d cny mode. No angpau kah??

Posted by AlfI3 > 2019-12-21 12:09 | Report Abuse

Wat a pity to those investors whom had awaited so long. Really doesnt mik sense

Posted by Derrick4896 > 2019-12-21 12:09 | Report Abuse

Amazing, Last hour Pwoth hit to TOP 4 active counter.

Posted by 5c0160 > 2019-02-17 21:06 | Report Abuse

totally game over counter. Bankrupt soon

Posted by AlfI3 > 2021-12-20 22:40 | Report Abuse

So bad meh, until bankrupt & finish gone ah. Like this, many people wil die w/o knowing its reason lah..... like usa apple shares sharp dropped, Wurrent buffert oso kena hit so hard man

Posted by Sniper86 > 2019-02-18 10:36 | Report Abuse

if 0.035 sen then i would buy. At current price no way hahaha

Posted by zakryfaa > 2019-02-18 12:20 | Report Abuse

im positive on this stock, will fly very soon, target at least 7 cents

Posted by AlfI3 > 2019-02-19 00:50 | Report Abuse

Juz got to dream it to fly high, actual situation doesnt look good, unless volume shoot up

Posted by tklim > 2019-02-19 09:52 | Report Abuse

STRONG SELL..... Floor price 0.005......Finish

Posted by 7300 > 2019-02-20 23:09 | Report Abuse

japan Olympic project,..follow by use of recycle straw,30sen TP

Posted by gaogaoinvest > 2019-02-21 07:58 | Report Abuse

Bankrupt....

Posted by AlfI3 > 2019-02-21 10:22 | Report Abuse

Wooow, any idea when Andrew Lim's charge to b juztified for his guiltiness ya?

Posted by Sk9864 > 2019-02-21 10:42 | Report Abuse

Super hero.... let them sell first

Posted by 7300 > 2019-02-21 10:46 | Report Abuse

company is solid n was sold down because of lim problem,just like naim earlier news but I keep to see above rm1 play,remenber ,no forever enemy,bunga raya want to blossom there!

Posted by Sk9864 > 2019-02-21 14:22 | Report Abuse

Alfl3 : andrew lim n pworth----> separate entity

Posted by moneylai > 2019-02-21 20:01 | Report Abuse

The Board of Directors of Priceworth International Berhad (“PWI” or “the Company”), wishes to announce that the Parties have entered into a nineth supplemental letter dated 21 February 2019 in respect of the SPA dated 19 October 2016 to mutually agree and acknowledge that:

the Unconditional Date shall be 22 May 2018 and the Cut-Off Date shall be 21 February 2019;
the Cash Option shall no longer be applicable and all references to Cash Option, Option Period or Extended Option Period or any other references in relation thereto where applicable, shall be deleted from the Agreement accordingly;
the Purchaser has not obtained the Listing Approval by the Cut-Off Date in accordance with Clause 4.1(e)(1) of the Agreement and henceforth, the Balance Consideration payable for the Sale Shares shall be paid within the time and manner as set forth in Clause 4.1(e)(1) and Clause 4.1(e)(2) of the Agreement;
the First Part-Payment shall be payable by the Vendor to the Purchaser on the Cut-Off Date;
at the request of the Purchaser, the Vendor has agreed to grant an extension of one (1) month from the date hereof or up-to 21 March 2019 (“Revised First Part-Payment Date”) for the Purchaser to pay the First Part-Payment to the Vendor; and
in amplification of Clause 6 above, the grant of an extension of time by the Vendor and agreement of the Revised First Part-Payment Date shall be strictly without prejudice to the rights of the Vendor pursuant to Clause 16.3 of the Agreement or any of the existing legal rights or interests of the Vendor arising out of or in connection with Agreement.

Save for the above, all other terms and conditions of the SPA remain unchanged.

This announcement is dated 21 February 2019.

The FMU is gone if they have no money to pay...